All articles by Verdict Staff

Verdict Staff

Max India plans to divest 22% stake in life insurance business

Max India is reportedly engaged in discussion with four private equity firms, to dispose of a 22% stake in Max Life Insurance.

MetLife appoints chief distribution officer for Asia

MetLife has appointed Bharat Kannan as chief distribution officer for Asia. He will lead all intermediated distribution channels in Asia.

Canada Life expends life insurance product line in UK

Canada Life, a global insurance company, has extended its range of life insurance products in the UK.

Best practice for increasing digital efficiency in the life insurance industry

Robert Gothan, CEO and founder of Accountagility, a business process management specialist, offers five tips for increasing digital efficiency in the life insurance industry

Exide Life Insurance unveils new unit linked life insurance plan

Exide Life Insurance Company has rolled out its latest unit linked life insurance plan, designed to maximize wealth creation for the insured.

Nippon Life plans to purchase Mitsui Life to boost presence in home market

Nippon Life Insurance, one of the largest life insurance companies in Japan, is reportedly engaged in discussion to acquire its smaller competitor Mitsui Life Insurance Co.

Tokio Marine gets FIPB approval to buy additional 13% stake in Indian life insurance JV

Tokio Marine Holdings has received approval from the Foreign Investment Promotion Board (FIPB) to acquire 13 additional stake in its Indian life insurance joint venture (JV), Edelweiss Tokio Life Insurance, for about INR5.4bn ($81m).

Reliance Life launches increasing income insurance plan

Reliance Life Insurance Company (RLIC), an India-based insurer, has introduced a new policy, known as Reliance Increasing Income Insurance Plan.

Royal London awards five-year IT modernization contract to Fujitsu

Royal London Group, one of the largest mutual insurers in the UK, has awarded a five-year contract to Japanese technology firm Fujitsu to modernize its IT infrastructure.

SBI confident to offload stakes in insurance JVs by year end

State Bank of India (SBI), an India-based public sector lender, has expressed confidence to divest stakes in life and general insurance entities by the end of 2015.